Why Forex?

• Tax free income. All you do is you change your currency from one to the other so why would a government want to collect a tax on money?
• Can be done in 24 hours a day. Anytime during the day
• Any place on the world.
• It is possible to paper trade Not like in the stock market, the paper trade results are practically identical to real trades.
• You can only loose the amount of money that is on your account - if you do something really stupid. No further risk but unlimited potential.
• No office required, no special dressing code.
• Very high leverages, even up to 1:400.
• Immediate fills.
• No broker commissions.
• Very tight difference between buy and sell price.
• It is the largest market of the world exceeding 3 trillion per day!
• The most liquid market of the world. It is cash after all that you trade, isn't it?
• For a technical analyst it is an ideal market. For fundamental analyst it is also a perfect arena to try their strategiest.
• Low investment. Low starting capital. And very-well manageable risk.
• Unlike in stocks you only have to choose from a limited number of currencies. So no time wasted in "stock selection".
• There are no margin calls from your broker asking to pay more money because your broker can automatically close out your loosing trades within a blink of an eye. You can also use practically guaranteed stops to get out of losing positions.